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JAPAN
Oct 29, 1998

Buyers scarce for former JNR plots

Japan Railway Construction Public Corp. has taken over 1,273 hectares of land that remained unsold when JNR Settlements Corp. ended its 11-year history last week.The public corporation hopes to sell off the property by fiscal 2003 to help reduce 28.3 trillion yen in debts left behind by the defunct...
JAPAN
Oct 28, 1998

Nippon Iridium delays debut for trial launch

Nippon Iridium Corp. will on Nov. 1 launch a trial of its new satellite cellular phone service, rather than full-scale service as initially planned, to test whether full service can be offered when users travel abroad, it was announced Wednesday.According to the company, it will not charge a basic monthly...
JAPAN
Oct 27, 1998

Gateway begins PC trade-up service

The visiting chairman and CEO of major South Dakota-based PC maker Gateway2000 Inc. announced the launch Tuesday in Tokyo of a new sales program that the company claims is Japan's first PC trade-up service.Theodore Waitt, who established the leading computer maker in 1985, said the "Your Ware" program...
JAPAN
Oct 27, 1998

Nomura shareholders settle for 380 million yen

Three Nomura Securities shareholders who filed a lawsuit against former executives of the brokerage for compensation over their alleged involvement in illegal payoffs to a "sokaiya" corporate extortionist agreed to a 380 million yen out-of-court settlement Tuesday.The investors filed three damages suits...
JAPAN
Oct 23, 1998

Matsushita opens R&D site in Apple's neighborhood

OSAKA -- Matsushita Electric Industrial Co. has opened a digital technology research and development center in Cupertino, Calif., the company said.The Panasonic Digital Concept Center aims to develop technologies for computerized consumer electric products that also feature information equipment functions,...
JAPAN
Oct 22, 1998

NTT to pay 5,000 yen share bonus; DoCoMo debuts

Nippon Telegraph and Telephone Corp. will offer a special dividend of 5,000 yen per share next year in addition to a regular dividend of 2,500 yen after profits made from releasing a part of its shares of NTT Mobile Communications Network Inc., the carrier announced Thursday.NTT had held 95 percent...
JAPAN
Oct 20, 1998

Ninth Nissan Sunny makes debut

Nissan Motor Co. on Tuesday unveiled the ninth-generation models of its popular Sunny series, constructed on a platform that is to be shared by a number of cars to substantially cut development costs.Nissan, which has been plagued by dwindling profits and weak consumer spending, plans to reduce the...
JAPAN
Oct 6, 1998

Daihatsu unveils new minicar lineup

Daihatsu Motor Co. announced the launch of its fully redesigned Mira, Move, and Terios Kid minicar models Tuesday in line with new Japanese regulations for minicars implemented at the beginning of the month.Daihatsu, a major minicar manufacturer based in Osaka, hopes to raise its current 25 percent...
JAPAN
Oct 5, 1998

Shareholder sues ex-Yamaichi execs

A shareholder of Yamaichi Securities Co. filed a lawsuit Monday against former executives of the firm, demanding they return about 6 billion yen to the failed brokerage.The lawsuit, filed with the Tokyo District Court, is the first legal action by shareholders against Yamaichi over its window dressing.The...
JAPAN
Sep 24, 1998

Mercedes-Benz subcompact hits Japanese market

Mercedes-Benz Japan Co., a fully owned subsidiary of German automaker Daimler-Benz AG, announced Thursday the arrival of its first A-class subcompact car to hit the Japanese market, the A160.
JAPAN
Sep 14, 1998

Highway card firm asks for dismissal of lawsuit

OSAKA -- K.S. Planning Co., a distributor of prepaid highway toll cards, asked the court Monday to dismiss a lawsuit filed by a toll card manufacturer over an unpaid debt, saying it had been fooled into a contract by one of its executives.
JAPAN
Sep 11, 1998

IBM says 'wearable' PC smallest based on Win98

IBM Japan unveiled Friday a "wearable" personal computer prototype that the company believes is the world's smallest and lightest computer based on the Windows 98 operating system.
JAPAN
Sep 7, 1998

New headrest can reduce whiplash injuries

Nissan Motor Co. has developed a headrest that will reduce whiplash injuries in rear-end collisions by at least 30 percent, the company announced Monday.
JAPAN
Aug 17, 1998

JAL officials admit payoffs to 'sokaiya'; pair arrested

Police arrested two members of a "sokaiya" corporate extortionist group Monday on suspicion of receiving about 23 million yen over 2 1/2 years from Japan Airlines Co. in violation of the Commercial Code.
JAPAN
Jul 28, 1998

Sumitomo Bank, Daiwa to set up joint ventures

Sumitomo Bank and Daiwa Securities Co. have agreed to start three joint ventures next April in a move to secure an edge over competitors under the ongoing ""Big Bang" financial deregulations, the two companies announced Tuesday.
JAPAN
Jul 28, 1998

Skymark becomes nation's first new airline in 35 years

Skymark Airlines on Tuesday obtained a license to offer flight services between Tokyo and Fukuoka, becoming the first new airline in 35 years to enter Japan's domestic market.
JAPAN
Jul 27, 1998

Brokerage houses Tokai Maruman, Nagai to merge

Nagoya-based Tokai Maruman Securities Co. has sealed a merger deal with medium-size Naigai Securities Co. in an effort to build up its retail presence in the Kansai, Chubu and Kanto regions, the two companies announced Monday.
JAPAN
Jul 27, 1998

Will Windows 98 spur PC revival?

The Akihabara district of Tokyo, famous for its abundance of electronics shops, once again was in an uproar in the middle of the night.
JAPAN
Jul 24, 1998

GE Capital seals purchase of Lake

GE Capital Services Corp. of the United States has closed an acquisition deal with Lake Co., Japan's fifth-largest consumer credit firm, the two companies announced Friday.
JAPAN
Jul 14, 1998

Toyota's Prius hybrid heads for overseas environments

Toyota Motor Corp. said Tuesday it will introduce the Prius, equipped with its gasoline-electric hybrid engine, in the North American and European markets by 2000.
JAPAN
Jul 10, 1998

Merrill Lynch opens first Kansai branch

OSAKA -- Merrill Lynch Japan Securities Co. opened a branch in the Umeda District in Kita Ward here Friday, its first branch in the Kansai region, and will target local individual and corporate customers.
JAPAN
Jul 8, 1998

Baltimore Technologies, NSJ link on Internet security

Baltimore Technologies, a private information security company based in Dublin, Ireland, announced Tuesday it will begin introducing its Internet security technology in Japan and Asia through a partnership with Japan's NSJ Corporation, a company specializing in Internet-related consulting.
JAPAN
Jul 1, 1998

Ministry tasks firm with Nagoya airport project

The Ministry of Transport on Wednesday designated Central Japan International Airport Co. as a firm to build and manage a proposed international airport off Nagoya.
JAPAN
Jul 1, 1998

Domestic carrier JEX makes debut flight

ITAMI, Hyogo Pref. -- New domestic airliner JAL Express (JEX) launched its first flight Wednesday morning here from Osaka airport, taking 150 passengers to Miyazaki.
JAPAN
Jun 30, 1998

Sumitomo Bank sued over failed 'jusen' loans

A government-backed loan recovery body filed a 4.83 billion yen damages suit Tuesday against Sumitomo Bank, alleging it played a role in the "jusen" housing-loan company fiasco.
JAPAN
Jun 26, 1998

Yamaichi dissolution hopes fade at final meeting

The collapsed Yamaichi Securities Co. failed at its final general shareholders' meeting Friday to win approval to disband, due to insufficient shareholder attendance.
JAPAN
Jun 26, 1998

Ailing LTCB moves toward merger with Sumitomo Trust

The Long-Term Credit Bank of Japan, suffering a battering in the market over its financial problems, seeks to merge with Sumitomo Trust & Banking Co. in what is largely seen as its de facto absorption, industry sources said Friday.
JAPAN
Jun 10, 1998

Audi, Volkswagen to run separate showrooms

Volkswagen Group Japan KK, a wholly owned subsidiary of Volkswagen AG in Germany, is hoping separate showrooms for Audi and Volkswagen will increase each brand's identity in Japan.
JAPAN
Jun 10, 1998

Toyota increases USK stake

In an apparent move to expand and strengthen their housing business, Toyota Motor Corp. and its subsidiary increased their shareholding in USK Corp., a Tochigi-based housing company, to 45.4 percent from 33.9 percent, the company announced Wednesday.
JAPAN
Jun 10, 1998

Sumitomo Life banks future on asset-managing affiliate

Sumitomo Life Insurance Co. will increase its capital stake in its affiliated asset management company, turning it into a subsidiary and making it the largest asset management firm in Japan, company sources said Wednesday.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight